Amagi Media Labs IPO Debuts at 12% Discount Despite Strong Investor Response

• Amagi Media Labs shares listed at a 12% discount, opening at ₹317 on BSE and ₹318 on NSE against an IPO price of ₹361.
• The IPO, valued at ₹1,789 crore, was oversubscribed 30.24 times, with strong interest from QIBs and NIIs.
• Funds from new shares (₹816 crore) will be used for tech infrastructure (₹550.06 crore), acquisitions, and general corporate purposes.
• Amagi Media Labs, founded in 2008, provides cloud-based broadcast and connected TV technology services globally.
• The company showed improving financials, moving from a net loss of ₹321.27 crore in FY2023 to a net profit of ₹6.47 crore in H1 FY2026.

Why It Matters: Amagi Media Labs IPO listed at a discount despite high subscription, disappointing initial investors.